Jet Fuel

Planes Could Be Powered By Jet Fuel Made From Household Waste From 2021

World News | Reuters | Tuesday August 20, 2019

Aeroplanes could be powered by jet fuel made from household rubbish from 2024 under plans by Shell, British Airways and Velocys to build Europe's first large-scale plant to produce jet fuel from domestic and commercial waste.

Jet Fuel Prices Reduced By Nearly 6%

Business | NDTV Profit Team | Monday July 1, 2019

State-owned fuel retailers revise rates of ATF on 1st of every month based on average international oil rate and rupee-US dollar exchange rate in the preceding month

Jet Fuel Prices Reach $85 A Barrel, Highest Level Since November: Industry Body

Business | Asian News International | Friday May 24, 2019

The average monthly price of Brent crude oil and jet fuel continued to trend upwards in April, said IATA in its latest financial monitor.

CARE Ratings For Inclusion Of Natural Gas, Jet Fuel Under GST

Business | NDTV Profit Team | Monday January 28, 2019

The energy industry expects LNG customs duty to be waived off completely from the current 2.5 per cent.

Jet Fuel Prices Cut By 14.7% In Biggest Reduction Ever

Business | Press Trust of India | Tuesday January 1, 2019

The two consecutive price reduction has brought ATF rates to their lowest levels in a year and will provide much-needed relief to cash-strapped airlines.

Jet Fuel Prices Slashed To Lowest In Seven Months By State-Run Indian Oil

Business | Pratik Parija, Bloomberg | Monday December 3, 2018

The price in Delhi for domestic airlines was cut to Rs 68,050.97 a kiloliter on December 1, an 11 per cent reduction from a month earlier, according to a statement by the state-run company.

Government Cuts Excise Duty On Jet Fuel To 11%: 10 Points

Business | Agencies | Wednesday October 10, 2018

Excise duty applicable to aviation turbine fuel (ATF) or jet fuel has been cut, the government announced on Wednesday. The Revenue Department, under the Ministry of Finance, said in a notification that excise duty of 11 per cent will be applicable on ATF, as against the existing 14 per cent. The new rate of excise duty will take effect on October 1...

Centre Hikes Import Duty On Jet Fuel, ACs, Refrigerators, 16 Other Items

Business | NDTV Profit Team | Wednesday September 26, 2018

The government on Wednesday announced hike in import duty on 19 items, with an aim to curb "non-essential imports" and narrow the current account deficit.

Air Force's MiG-27 Jet Crashes Near Jodhpur, Pilot Ejects Safely

India News | Edited By Debanish Achom | Tuesday September 4, 2018

An Air Force's MiG-27 fighter jet has crashed on a field near Jodhpur in Rajasthan. The pilot ejected safely. The plane was on a routine mission. On seeing the dry field at Deoria lit up by burning jet fuel, villagers informed the local authorities, which sent some fire trucks to control the situation.

Aviation Regulator To Conduct Audit Of Turbulence-Hit Jet Airways: Report

India News | Press Trust of India | Sunday August 12, 2018

Aviation regulator DGCA is set to conduct a financial audit of the Naresh Goyal-promoted Jet Airways, amid its fiscal conditions under pressure due to the surging jet fuel prices and low fares, a source said.

In Hunt For Clean Jet Fuel, South Africa Swaps Tobacco For Weeds

World News | Reuters | Wednesday June 27, 2018

When a South African Airways Boeing 737 took off from O.R. Tambo International Airport in Johannesburg two years ago, headed for Cape Town, it was powered by an unusual fuel: tobacco.

Haryana To Reduce VAT On Jet Fuel Under Regional Connectivity Scheme

India News | Press Trust of India | Tuesday June 26, 2018

The Haryana government today decided to reduce value added tax rate on sale of aviation turbine fuel (ATF) to 1 per cent from 20 per cent at airports notified under the regional connectivity scheme (RCS).

IndiGo Flight Tickets Turn Expensive By Upto Rs 400 From Today

Business | NDTV Profit Team | Wednesday May 30, 2018

The jet fuel cost comprises 40 per cent of an airline's operations cost. On the top of it, the Indian rupee's fall against the US dollar adds to the cost burden of IndiGo.

IndiGo To Levy Surcharge As Jet Fuel Prices Rise

Business | Indo-Asian News Service | Tuesday May 29, 2018

IndiGo will levy a sum of Rs 200 on routes less than 1,000 km distance, and Rs 400 on routes longer than 1,000 km distance.

Civil Aviation Ministry To Call For Jet Fuel To Be Brought Under GST Ambit

Business | Indo-Asian News Service | Tuesday May 22, 2018

This proposal will be made to contain the rise in jet fuel cost due to high global crude oil prices, Civil Aviation Secretary Rajiv Nayan Choubey.